Jaime,
Like Laynlow said most businesses pay net 30, to expect faster payment just does not happen.
The one exception I can think of is those that do work for homeowners, then most would pay when the job is done.
I say most as in a few post a week or so ago it was noted some of those homeowners just seem to have to run out for something or other about the time the job is finished and it comes pay time.
Ten years and you have had this problem all 10 years? or is it just lately you have not been getting paid on time? (on time is 30 days, not your ten)?
Stay with it but change your billing to net 30 with 1.5% interest for non-payment on time.
Then bill them again with the interest, OR give them a call and remind them about the bill, perhaps it got overlooked, it happens, we all put things down and forget about them. I have done it, you have done it and so have most others.
Another thing you need to do is when you get new accounts ask who pays and what their procedure for payment is, I have an account that pays every 45 days, sure they are using MY MONEY but they pay promptly in 45 days, I to would love them to pay faster but I know it comes on time.
I have another account that pays the bill the same day she gets it, gosh how we all would love that fast a turn around! |